|1||Taps, cocks and valves for pipes, tanks||$7.91 M|
|2||Worn clothing, other worn textile articles||$5.8 M|
|3||Parts for heavy machinery||$5.18 M|
|6||Motor vehicles for transporting people||$2.99 M|
|7||Low value shipments||$2.96 M|
|8||Iron and steel containers, more than 300l capacity||$2.38 M|
|10||Motor vehicle parts||$2.28 M|
Top Trading Ports
Total Trade: $123.04 million
|1||Port of Virginia||$44,581,115|
|2||Port of Morgan City, La.||$27,218,328|
|3||Port of Houston||$8,781,427|
|4||Port of Savannah, Ga.||$7,758,059|
|5||Port of New York||$6,289,370|
|6||Port of New Orleans||$3,451,582|
|7||Port of Baltimore, Md.||$3,427,324|
|8||Low-Valued Imports and Exports||$2,963,805|
|9||John F. Kennedy International Airport||$2,320,316|
|10||Port of Corpus Christi, Texas||$2,200,000|
U.S. trade with Liberia rose to $123.04 million through August
Liberia’s trade with the United States rose to $123.04 million through the first eight months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 25.72 percent below its total trade during the same time period last year. U.S. exports to Liberia decreased 36.05 percent while U.S. imports from Liberia rose 1.19 percent. The U.S. surplus with Liberia was $30.06 million.
Through August, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Virginia; No. 2 Port of Morgan City, La.; No. 3 Port of Houston; No. 4 Port of Savannah, Ga.; and No. 5 Port of New York. During the same period the previous year, the top five were No. 1 Port of Virginia No. 2 Port of Morgan City, La. No. 3 Port of Houston No. 4 Port of Baltimore, Md. and No. 5 Port of New York. In the current time period, the top five accounted for 76.91 percent of Liberia’s U.S. trade.
Among those top five:
- Trade with No. 1 Port of Virginia rose 8.15 percent to $44.58 million.
Exports rose 3.65 percent to $2.74 million. Imports rose 8.46 percent to $41.84 million.
- Trade with No. 2 Port of Morgan City, La. fell 33.01 percent to $27.22 million.
Exports fell 33.01 percent to $27.22 million. There were no imports.
- Trade with No. 3 Port of Houston fell 62.38 percent to $8.78 million.
Exports fell 62.4 percent to $8.78 million. Imports totaled $4,257.
- Trade with No. 4 Port of Savannah, Ga. rose 6.09 percent to $7.76 million.
Exports rose 8.15 percent to $7.76 million. There were no imports.
- Trade with No. 5 Port of New York fell 22.67 percent to $6.29 million.
Exports fell 22.7 percent to $6.29 million. Imports totaled $2,312.
Liberia ranked No. 150 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 148.
Meanwhile, total U.S. trade with the world increased to $2.77 trillion, down 0.32 percent compared to the same period last year. The nation’s exports dropped 0.71 percent to $1.1 trillion; imports dropped 0.07 percent to $1.67 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $575.47 billion, up compared to the same period of last year when the deficit was $568.8 billion.
The top five U.S. exports to Liberia by value through August were the categories of Taps, cocks and valves for pipes, tanks; Worn clothing, other worn textile articles; Parts for heavy machinery; Wheat; and Rice, respectively. They accounted for 34.53 percent of total exports to Liberia.
The value of the top five categories of U.S. imports from Liberia –– Rubber; Diamonds, not mounted; Unrecorded media for audio; Antiques; and Palm oil –– accounted for 98.77 percent of all inbound shipments.
Looking more closely at U.S. exports to Liberia:
- Taps, cocks and valves for pipes, tanks fell 30.93 percent compared to last year to $7.91 million.
- Worn clothing, other worn textile articles fell 7.48 percent compared to last year to $5.8 million.
- Parts for heavy machinery rose 190.2 percent compared to last year to $5.18 million.
- Wheat fell 30.84 percent compared to last year to $4.01 million.
- Rice rose 12.14 percent compared to last year to $3.53 million.
Looking more closely at U.S. imports from Liberia:
- Rubber rose 2.97 percent compared to last year to $43.15 million.
- Diamonds, not mounted fell 26.73 percent compared to last year to $1.69 million.
- Unrecorded media for audio totaled $401,140. The previous year, there were no imports in this category.
- Antiques fell 66.29 percent compared to last year to $352,066.
- Palm oil fell 23.16 percent compared to last year to $332,265.
In the latest annual figures available, Liberia recorded $235.38 million in trade with the United States. At year’s end, its were Houston; Norfolk; New York City; New Orleans; and Atlanta/Savannah. Total U.S. exports to Liberia were $ 144.12 million and imports from Liberia were $91.26 million. The U.S. surplus with Liberia was $52.86 million.